Axis Bank, Karnataka Bank, PNB, AU Bank and City Union Bank are the 5 bank stocks identified by Ajit Mishra of Religare Broking and Hitesh Rathi of Angel One based on the technical chart set-up.
Canara Bank's domestic advances rose to ₹12.63 trillion and deposits to ₹15.48 trillion, while several other lenders also reported strong credit growth in quarterly updates.
For the January to March quarter of FY26 (Q4FY26), Karnataka Bank's net profit stood at ₹408.19 crore as against a profit of ₹290.79 crore earned in Q3Y26, registering a growth of 40 per cent Q-o-Q.
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Karnataka Bank reported CASA deposits at ₹36,621 for the March 2026 quarter, up 10 per cent from ₹33,281 crore in the year-ago period
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Among the highlighted companies, state-owned Miniratna company Balmer Lawrie & Company has declared the highest dividend, announcing a dividend of ₹8.50 per share
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After stabilising operations, Karnataka Bank aims to expand its loan book beyond Rs 85,000 crore by March 2026 with growth led by retail, agriculture and MSME lending
Karnataka Bank was founded by a group of agriculturists, lawyers and businessmen, led by BR Vysaray Achar, to promote economic development in the South Canara region. It has no identified promoter
Karnataka Bank Q1 profit fell 27% to Rs 292.40 crore on higher provisions, but asset quality improved and capital adequacy rose to 20.46%
Bhat takes charge from 16 July following the resignations of Srikrishnan Sarma and Sekhar Rao, pending shareholder approval at the bank's upcoming annual general meeting
Following the surprise resignations of its MD & CEO and Executive Director, Karnataka Bank says it remains strong and well-capitalised, and begins search for replacements
Karnataka Bank stock falls: Abrupt resignations following audit red flags raise serious concerns around governance and internal controls, which could dampen investor confidence, said ICICI Securities.
Following the departure of the MD&CEO and ED, the bank has formed a search committee to identify suitable candidates for both roles
Karnataka Deputy Chief Minister D K Shivakumar on Saturday claimed that banks were not cooperating with the Central government's schemes aimed at supporting entrepreneurs, particularly those offering loans without guarantees or collateral. Speaking at the inauguration of the Karnataka Small Scale Industries Association's (KASSIA) Centre of Excellence and Innovation in Bengaluru, Shivakumar underlined the importance of giving the younger generation opportunities to grow. "KASSIA will succeed only if it exerts more pressure on the government than the large industries," he remarked. He criticised the banks for failing to support the Centre's annoucements. "The Central government makes grand announcements like providing loans without guarantees or collateral, but banks do not comply. They prefer lending to those with a proven track record and are hesitant to support emerging entrepreneurs," the Deputy CM said. He urged KASSIA office-bearers to actively work towards empowering the next
The private sector bank estimates the loss amount at Rs 18.57 crore and the impact on the bank is estimated at Rs 18.87 crore
Lender offers 3.50% rate to general citizens on deposits with tenures ranging from seven to 45 days
Market reactions to the US Fed meeting outcome will be evident in early trades on Thursday. Indications suggest that the current market tone will persist.
The bank's net interest income (NII), which is the difference between interest earned and interest expended, fell 3 per cent to Rs 834 crore in Q4FY24, from Rs 860 crore in Q4FY23